AGO 0.00% 4.5¢ atlas iron limited

overseas investment once a$ bottoms?, page-4

  1. 16,265 Posts.
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    MS

    True, short term a continuation of QE may see the whole Aussie market improve as it did last time they decided not to taper, taking AGO along with it for the ride. But longer-term I suspect that the strong funds inflows to the ASX from overseas won't happen consistently until we see the A$ reach around US$0.85. That may be postponed for some months if QE is continued.

    H
 
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